Table 132 Sarita and Gabriel Own S&G Bakery

question 81

Multiple Choice

Table 13.2 Sarita and Gabriel own S&G Bakery.Table 13.2 lists the number of pies and cakes Sarita and Gabriel can each bake in one day.
-Refer to Table 13.2.Select the statement that accurately interprets the data in the table.

• A)Sarita has an absolute advantage in baking cakes and Gabriel has an absolute advantage in baking pies.
• B)Sarita has an absolute advantage in baking pies and Gabriel has an absolute advantage in baking cakes.
• C)Sarita has an absolute advantage in baking pies and cakes.
• D)Gabriel has an absolute advantage in baking pies and cakes.

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Definitions:

Compounded Monthly

Interest calculation method where the interest is added back to the principal each month, leading to an increase in the interest earned in subsequent periods.

Monthly Payments

Regular payments made towards a loan or mortgage over a set period, calculated to cover the principal amount and interest.

Loan

A sum of money or item of value given to a party with the expectation of repayment, often with interest, over a defined period.

Compounded Annually

The process where interest is added to the principal sum of a deposit or loan once a year, and from then on, the interest that has been added also earns interest.